Question: Remaining Time: 1 hour, 37 minutes. 01 second. Question Completion Status: Moving to another question will save this response. Question 11 of 20 Question 11

Remaining Time: 1 hour, 37 minutes. 01 second.

Remaining Time: 1 hour, 37 minutes. 01 second. Question Completion Status: Moving to another question will save this response. Question 11 of 20 Question 11 5 points Save Answer Consider the following two mutually exclusive investment Item Project B Initial cost Project A - 199 954AED -10,985 AED Annual savings 25,858 16,211 Service life 12 Both projects will have no salvage value upon their disposal. Assuming that the interest rate is 10%, if you can use the infinite planning horizon with project repeatability likely (same costs and benefit), which project would you select based on the PW criterion?

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